Liberty Mutual
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The improvement was driven by higher earned premium and lower employee-related costs, as well as more favorable cat-loss development.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The unit will be led by GRS insurance solutions president Liz Geary, until the appointment of a global head of cyber, who will report to her.
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In this newly created position, Korte will report to GRS NA CUO Brandon Fick.
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In his new position, the executive will report to GRS North America specialty president Matt Dolan.
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Increased interest rates and unfavorable market conditions led to reduction in capital issuance activity in the P&C insurance industry in 2022.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The Boston-headquartered mutual is understood to have recently pitched potential acquirers of the LatAm assets.
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In her new role, Sutton will report to GRS COO Susanne Figueredo Cook and GRS North America president Kevin Smith.
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The carrier is reportedly looking to sell its operations in Spain, Portugal and Ireland.
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The appointment completes the CUO team at Liberty Mutual’s Global Risk Solutions office of underwriting.
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The proportion of notifications reporting high severity ($10mn+) remains unchanged at 9%, according to the report.
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